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Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P
"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Lightstream Resources Ltd.
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Post by PUNJABIon Nov 27, 2014 6:15pm
581 Views
Post# 23171926

Meltdown 144 new lows on TMX

Meltdown 144 new lows on TMXOil stock took a big hit. It was a meltdown .There were 144 stocks on TMX that created new lows & vast majority of the stock were oil stock.

No one was speared. Some got hit more than others. With most buyers on the sideline too many sellers trying to get out fast creating further panic. There was one small bounce & then sellers came back & drove down the stocks again before the close.

LTS was on the top of beaten down stock & lost 21.30 % in a single day. Volume was huge.

Despite a huge drop LTS did not create a new low because of the recent spike in share price.

Saudis had been signaling that they were not going to cut. Oil & oil stocks sold off very aggressively after today’s announcement as if it was a big surprise. There was not much of a cushion built in the with pre warnings.

The reaction by the Canadian investors was brutal. US was closed & tomorrow for half day they will get to kick the sector. Normally it takes about 2 to three days to absorb the initial impact of a major event.

With US closed US is the wild card in case the Canadian have over done. By Monday the size of the immediate reaction will become clear. You had 144 stocks that created new lows & most of the stocks were oil stocks. This means that all investors in these stocks are losing money & some would be down big time. There will be margin calls, readjustment of portfolios, tax loss selling consideration for recent buyers too. Some may sell the stock for tax loss & move to another better stock. There would be ETF / Mutual fund redemption. Barclays sold lot of oil stocks today.

Lot of wealth was destroyed. These kinds of moves destroy some & create opportunities for others.

Anyway the dust will settle by next week & things will become bit clear from today’s event.

Every Tom D*ck & Harry has opinion where the oil prices will end up. The range is all over the place. The reality is no one has clue how low the oil will drop to & for how long. This is why investors on both side of the trade are vey nervous & is creating lot of volatility.

There was some buying by RBC in small quantities under $2.80. Not sure if this was for the account of LTS. TMX has not yet posted insider buying for the day.


New Year Lows for T - 144 results
Symbol Last Vol Name
AET.DB 49.00 315.0 ARGENT ENERGY TRUST 6.00 PCT DEBS
AET.DB.A 50.00 256.0 ARGENT ENERGY TRUST 6.50 PCT DEBS
AET.UN 1.05 412.8 ARGENT ENERGY TRUST
AEU.UN 7.30 24.7 ACTIVENERGY INCOME FUND
AMF 0.12 149.2 AMORFIX LIFE SCIENCE LTD.
ANX 0.035 582.8 ANACONDA MINING INC.
AOI 3.35 367.9 AFRICA OIL CORP
ARF 0.305 55.5 ARMTEC INFRASTRUCTURE INC.
ATH 2.59 4,107.9 ATHABASCA OIL CORP
ATN 0.065 16.0 ATNA RES J
BI.UN 7.90 1.7 BLOOM INC AND GROWTH CAD FUND
BKX 0.39 574.3 BNK PETROLEUM INC.
BNE 44.00 96.2 BONTERRA ENERGY CORP
BNG 0.31 44.3 BENGAL ENERGY LTD.
BNK 3.56 1,908.2 BANKERS PETROLEUM LTD.
BNP 9.81 1,211.4 BONAVISTA ENERGY CORPORATION
BRB 1.06 4.2 BRICK BREWING J
BTE 25.60 2,805.6 BAYTEX ENERGY CORP.
CDI 4.78 1,132.5 CANELSON DRILLING INC
CLL 0.07 1,027.2 CONNACHER OIL
CLO 10.59 16.3 ISHARES OIL SANDS IDX ETF
CLO.A 10.51 1.8 ISHARES OIL SANDS IDX ETF AC
CMW.A 13.03 0.3 ISHARES SP TSX GLOBAL MINING IDX ETF AC
CNE 3.05 816.9 CANACOL ENERGY LTD
COS 15.27 2,496.0 CANADIAN OIL SANDS LIMITED
CPG 30.70 3,134.6 CRESCENT POINT ENERGY CORP.
CPN 0.02 386.5 CARPATHIAN GOLD INC.
CPT 0.015 470.5 COALSPUR MINES LIMITED
CQE 1.35 2,217.6 CEQUENCE ENERGY LTD.
CRP.RT 0.005 78.0 CERES GLOBAL AG CORP RIGHTS
CUS.DB.D 88.25 221.0 CANEXUS CORP 6.5 PCT DEBS
CVE 25.76 1,582.0 CENOVUS ENERGY INC.
DL 5.20 0.2 DANIER LEATHER INC., SV
DLR.U 9.93 43.4 HORIZONS US DOLLAR CURRENCY ETF USD
DTX 5.62 940.4 DEETHREE EXPLORATION LTD
E 0.49 1,286.6 ENTERPRISE GROUP INC
ECA 18.77 2,113.1 ENCANA CORP.
ECO 1.31 16.4 ECOSYNTHETIX INC
ECP 25.58 0.4 ECOPETROL S.A.
ENI.UN 2.91 3.6 ENERGY INCOME FUND
ENT 0.80 103.4 ENTREC CORPORATION
ENT.DB 80.00 126.0 ENTREC CORPORATION 7 PCT DEBS
EQ 0.045 332.5 EQ INC
ESI 11.32 394.2 ENSIGN ENERGY SERVICES INC.
ESN 1.68 253.6 ESSENTIAL ENERGY SERVICES LTD
ETG 0.25 73.4 ENTREE GOLD INC.
FAY.UN 11.76 6.7 FIRST ASSET YIELD OPPORTUNITY TRUST
FHD 21.67 0.7 FIRST TRUST US CONSUMER DISCRETION ETF
FR 5.10 429.7 FIRST MAJESTIC SILVER CORP. COMMON
FRU 19.80 262.7 FREEHOLD ROYALTIES LTD.
GIX 0.035 3.0 GEOLOGIX EXPLORATIONS INC.
GMO 0.55 2.3 GENERAL MOLY, INC.
GTE 4.51 455.0 GRAN TIERRA ENERGY INC.
GTX 4.80 3.1 GRAN TIERRA EXCHANGECO INC.
HDX 0.20 8.0 POSERA HDX INC
HEE 4.58 76.0 HORIZONS ENHANCED INCOME ENERGY ETF
HEE.A 4.90 0.1 HORIZONS ENHD INCOME ENERGY ETF ADV
HEU 4.41 308.4 HORIZONS BETAPRO S&P/TSX CAP ENERGY BULL
HFD 10.18 100.8 HORIZONS BP SP TSX CAP FIN BEAR PLUS ETF
HIU 4.40 1.9 HORIZONS BETAPRO SP 500 INVERSE ETF
HOU 4.89 3,860.7 HORIZON BETAPRO NYMEX CRDE OIL BULL ETF
HPF.UN 8.99 8.2 ENERGY LEADERS PLUS INCOME FUND
HPS.A 5.99 0.6 HAMMOND POWER SOLUTIONS INC., CL A., SV
HQD 5.37 2.7 HORIZONS BETAPRO NASDAQ100 BEAR PLUS ETF
HSE 24.88 1,352.3 HUSKY ENERGY INC.
HUC 9.06 38.8 HORIZONS NYMEX CRUDE OIL ETF
HVU 10.93 65.8 HORIZONS BP SP500 VIX ST FUT BULL PLUS
HXE 22.90 14.5 HORIZONS SP TSX CAPPED ENERGY INDEX ETF
HYM.UN 12.31 0.7 HIGH YIELD & MORTGAGE PLUS TRUST
IAE 1.24 1,072.5 ITHACA ENERGY INC
IDC 0.05 1.8 INTL DATACASTING J
IDE.UN 8.37 2.6 ENERGY INDEXPLUS DIVIDEND FUND
IDM 0.135 90.6 IDM MINING LTD
IE 1.10 11.3 IVANHOE ENERGY INC
IRL 0.075 115.0 MINERA IRL LIMITED
KEL 8.25 1,461.5 KELT EXPLORATION LTD
LEG 3.14 4,606.9 LEGACY OIL AND GAS INC
LIF 17.24 202.3 LABRADOR IRON ORE ROYALTY CORPORATION
LRE 2.39 2,692.6 LONG RUN EXPLORATION LTD
LRE.DB 82.20 358.0 LONG RUN EXPLORATION LTD 6.40 PCT DEBS
LRT.DB.G 99.00 8.0 LANESBOROUGH REIT 9.5 PCT SER G DEBS
MDN 0.035 86.0 MDN INC.
ME 0.05 542.1 MONETA PORCUPINE J
MEG 20.80 3,511.3 MEG ENERGY CORP.
MMT 0.73 1,046.3 MART RESOURCES INC
MWE 0.07 145.7 MAWSON WEST LIMTED
NAF.UN 25.64 0.8 NORTH AMERICAN FINANCIALS CAP TR
NBZ 11.82 120.4 NORTHERN BLIZZARD RESOURCES INC
NKO 0.265 147.1 NIKO RES
NKO.NT 10.00 9.0 NIKO RESOURCES LTD 7.00 PCT NTS
NOA 5.45 22.3 NORTH AMERICAN ENERGY PARTNERS INC.
NWI 0.015 236.9 NUINSCO RES J
OCS.UN 8.50 5.9 OCP CREDIT STRATEGY FUND
OGF.UN 3.75 30.0 ASTON HILL OIL AND GAS INCOME FUND
OXF 4.89 12.2 FIRST ASSET CAN-ENERGY COVERED CALL ETF
PD 7.39 3,245.3 PRECISION DRILLING CORPORATION
PGF 3.76 4,044.8 PENGROWTH ENERGY CORPORATION
PGF.DB.B 100.12 59.0 PENGROWTH ENERGY CORP 6.25 PCT DEBS B
PHX 10.24 147.2 PHX ENERGY SERVICES CORP.
PLT.DB 81.00 238.0 PARALLEL ENERGY TRUST 6.50 PCT DEBS
PLT.UN 1.84 774.4 PARALLEL ENERGY TRUST
PRE 12.62 1,481.9 PACIFIC RUBIALES ENERGY CORP.
PRW 0.80 307.6 PETROWEST CORPORATION
PTM 0.75 240.2 PLATINUM GROUP METALS LTD.
PTQ 0.04 1,157.6 PETAQUILLA MINERALS LTD.
PWT 4.21 2,722.5 PENN WEST PETROLEUM LTD.
PXX 1.37 5,322.7 BLACKPEARL RESOURCES INC.
QEC 0.53 101.9 QUESTERRE ENERGY CORP
RBO 19.98 1.3 RBC 1 TO 5 YR LADDERED CORP BOND ETF
RME 10.00 12.4 ROCKY MOUNTAIN DEALERSHIPS INC.
RMM.UN 4.05 245.0 RETROCOM REIT UNITS
RRF.UN 8.75 6.8 RAVEN ROCK STRATEGIC INCOME FUND
SBI 0.065 15.0 SERABI GOLD PLC
SCP 1.90 74.2 SPROTT RESOURCE CORP
SGY 5.07 4,444.6 SURGE ENERGY INC
SIF.UN 9.00 7.5 STRATEGIC INCOME ALLOCATION FUND UNITS
SLF.PR.G 21.26 35.0 SUN LIFE FINANCIAL INC. SER 8R
SUO 0.095 610.3 SUNSHINE OILSANDS LTD
SVY 4.75 317.7 SAVANNA ENERGY SERVICES CORP
TBE 1.24 6,550.7 TWIN BUTTE ENERGY LTD.
TCW 8.27 287.2 TRICAN WELL
TDG 5.86 838.9 TRINIDAD DRILLING LTD.
TET 11.29 615.9 TRILOGY ENERGY CORP.
TGL 3.90 492.0 TRANSGLOBE ENERGY CORP
TLM 5.60 4,447.7 TALISMAN ENERGY INC.
TOG 8.82 1,067.5 TORC OIL AND GAS LTD
TOT 17.64 15.7 TOTAL ENERGY SERVICES INC.
TOU 38.00 2,723.3 TOURMALINE OIL CORP
TVA.B 6.90 16.3 TVA GROUP INC., CL.B, NV
TXP 0.52 40.2 TOUCHSTONE EXPLORATION INC
VET 55.32 445.4 VERMILION ENERGY INC
VII 18.75 691.8 SEVEN GENERATIONS ENERGY LTD
WDN 0.17 27.9 WALDRON ENERGY CORPORATION
WEQ 3.88 196.1 WESTERNONE INC
WEQ.DB 91.90 19.0 WESTERNONE INC 6.25 PCT DEBS SERIES 3
WPT 5.75 19.8 WESTPORT INNOVATIONS INC.
WRG 6.30 101.6 WESTERN ENERGY SERVICES CORP
XEG 14.90 2,923.6 iSHARES SP TSX CAPPED ENERGY INDEX ETF
YGR 1.37 316.6 YANGARRA RESOURCES LTD
ZAR.DB 95.00 64.0 ZARGON OIL AND GAS LTD 6.00 PCT DEBS
ZAZ 0.40 2.3 ZAZU METALS CORPORATION COMMON SHRS
ZEO 13.28 125.8 BMO SP TSX EQL WEIGHT OIL GAS INDEX ETF
ZJO 20.45 3.1 BMO JUNIOR OIL INDEX ETF
ZNC 0.065 6.0 ZINCORE METALS INC.
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